Profex Raises $15.5 Million in VC Funds
Filed in archive Venture Capital by Greg Cruey on August 27, 2008
Profex is a dermatology startup in China. The funding round was co-led by trident
Capital and its Chinese affiliate Mustang Ventures.Trident Capital estimates that dermatology and skin care market in China is worth $1.3 billion and is growing by 20% per year. Trident Capital has about $1.5 billion in funds currently under management.
Mustang Ventures has 10 years of investment experience in China and is focused on early stage development.

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